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Search Results 0 to 5 of about 6 (some duplicates have been removed)
Nov 12, 2012 4:30pm PST
chairman of the templeton emerging markets group. mark, thank you for being here with us tonight. how do you describe the state of the global economy today? >> it's actually pretty good. i mean i know a lot of people look at the headlines and they say god, the world is coming to an end. but if you look at the leading indicators whether it's the pmi index for china and the u.s. or it's the oecd index you will see those indices are still high. they're not where they were at the end of 508ee, beginning of '09. so if that sense looking forward we're in pretty good shape. now of course if the so-called fiscal cliff is with us and we go over that, then as you know the budget bureau is predicting minus 4%. >> a recession for the united states. >> a real recession. unemployment going up and so forth and so on. but i think at the end of the day compromises will be reached. >> what about the emerging markets. we've seen some of the second markets begin to slow down or see the growth rates begin to taper off. are you experiencing that really across-the-board? >> yeah, pretty much with china coming
Nov 13, 2012 6:30pm EST
protect the principals the voters endorsed at the ballot box. >> darren gersh is with us tonight from our washington, d.c. bureau, where a week after election day here. was there any progress made by the staffs of the political players during the campaign season? where do we stand? >> the staff is always looking at this as a giant chess game and trying to figure out how they can give their bosses their best move, so the staff have been working. we had a lot of commissions and a lot of efforts to try to solve the budget problems. there is a lot of work done behind the scenes and on paper. a deal could come together pretty quickly. the problem is the principals, the leaders, the people who were elected, they have to come back and decide what they're going to do. they're talking about getting an agreement, but nobody knows how to get that agreement right now. >> tom: it pays to parse language when we're at this point in negotiations for politicians. we're hearing about tax rates and tax revenue. they say no increase on tax rates, but they're willing to accept higher tax revenues. what's
Search Results 0 to 5 of about 6 (some duplicates have been removed)